ST中利(002309) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥3,151,652,481.81, representing a 36.26% increase year-over-year[3]. - The net profit attributable to shareholders was -¥224,541,663.12, a decrease of 238.81% compared to the same period last year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥33,809,981.45, an increase of 79.72% year-over-year[3]. - The company reported a significant reduction in long-term equity investments by 64.10% due to impairment provisions related to a specific event[8]. - The company recorded a 331.54% increase in other non-current assets due to new photovoltaic project investments[10]. - The total profit (loss) for the period was -¥1,465,729,002.84, a significant decline of 287.75% from -¥378,011,716.13, largely due to impairment losses and provisions related to the special network incident[11]. - The company reported a net loss of ¥1,481,155,726.81 for the quarter, compared to a net loss of ¥326,234,547.65 in the previous year[26]. - The total comprehensive income attributable to the parent company was -1,498,189,850.74 CNY, compared to -344,050,229.83 CNY in the previous period, indicating a significant decline[28]. - The company reported a basic and diluted earnings per share of -1.70 CNY, compared to -0.37 CNY in the previous period, indicating a deterioration in profitability[28]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥199,207,576.80, down 75.84% compared to the previous year[3]. - The net cash flow from operating activities decreased by 75.84% to ¥199,207,576.80, down from ¥824,366,388.65, mainly due to a reduction in receivables[12]. - The net cash flow from investing activities worsened by 181.79%, amounting to -¥927,784,807.64, compared to -¥329,249,093.85, attributed to increased investments in photovoltaic bases[12]. - The net cash flow from investing activities was -927,784,807.64 CNY, worsening from -329,249,093.85 CNY in the previous period[30]. - The total cash inflow from financing activities was 4,795,738,065.13 CNY, compared to 5,419,863,031.00 CNY in the previous period, showing a decrease of about 11.5%[30]. - The company’s cash flow from financing activities improved by 132.40%, totaling ¥294,423,849.77, compared to -¥908,636,940.45 in the previous period, as repayments to financial institutions decreased[14]. - The total operating cash inflow was 9,217,100,389.31 CNY, an increase from 7,935,961,919.39 CNY in the previous period, reflecting a growth of approximately 16.1%[30]. - The total cash outflow from operating activities was 9,017,892,812.51 CNY, compared to 7,111,595,530.74 CNY in the previous period, representing an increase of about 26.8%[30]. - The cash and cash equivalents at the end of the period were 599,012,324.98 CNY, down from 1,883,577,269.80 CNY in the previous period, a decline of approximately 68.3%[32]. Assets and Liabilities - Total assets at the end of the reporting period were ¥15,316,828,775.10, a decrease of 5.71% from the end of the previous year[3]. - The total assets decreased to ¥15,316,828,775.10 from ¥16,244,889,146.85, reflecting a decline of 5.7%[24]. - Current liabilities increased to ¥10,079,449,341.97, up from ¥9,285,585,165.35, representing an increase of 8.6%[22]. - The company's long-term investments in equity decreased to ¥228,090,292.31 from ¥635,394,760.53, a decline of 64.1%[22]. - The company’s total liabilities rose to ¥11,186,807,270.95 from ¥10,619,426,514.45, marking an increase of 5.3%[22]. - Total liabilities were approximately $10.62 billion, with non-current liabilities accounting for about $1.33 billion[38]. - Owner's equity totaled approximately $5.63 billion, with retained earnings showing a deficit of about $1.25 billion[38]. - The company’s total liabilities and owner's equity combined amounted to approximately $16.24 billion[38]. Investments and Expenses - The company increased its investment in construction projects, with in-progress construction rising by 43.68% to ¥797,903,682.44[8]. - Operating costs increased by 32.28% to ¥7,294,537,488.49 from ¥5,514,285,118.55, reflecting the rise in operating revenue[11]. - Research and development expenses for the quarter were ¥275,539,697.04, an increase of 32.9% compared to ¥207,290,873.27 in the previous year[24]. - The company’s investment income showed a drastic decline of 6701.95%, with a loss of -¥528,478,079.45 compared to -¥7,769,507.69, primarily due to investment losses in Zhongli Electronics[11]. - The company recorded an investment loss of ¥528,478,079.45, compared to a loss of ¥7,769,507.69 in the previous year[24]. - The company’s tax expenses increased by 129.79% to ¥15,426,723.97, compared to a tax benefit of -¥51,777,168.48 in the same period last year, due to the reversal of deferred tax from the previous year[11]. Foreign Exchange and Other Factors - The company experienced a foreign currency translation loss of -15,880,377.86 CNY, which contributed to the overall comprehensive income decline[28]. - The company had a cash flow impact from exchange rate changes of -125,757,028.71 CNY, compared to -63,887,414.24 CNY in the previous period, indicating increased volatility[30].